[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 94 Referral Instructions Senate (RIS)]







104th CONGRESS
  1st Session
                                 S. 94

     To amend the Congressional Budget Act of 1974 to prohibit the 
              consideration of retroactive tax increases.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 4, 1995

 Mr. Coverdell (for himself, Mrs. Hutchison, Mr. Smith, Mr. Lott, Mr. 
Kempthorne, Mr. McCain, and Mr. Warner), introduced the following bill; 
  which was read twice and referred jointly pursuant to the order of 
   August 4, 1977, to the Committees on the Budget and Governmental 
  Affairs, with instructions that if one committee reports, the other 
         committee have thirty days to report or be discharged

_______________________________________________________________________

                                 A BILL


 
     To amend the Congressional Budget Act of 1974 to prohibit the 
              consideration of retroactive tax increases.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. AMENDMENTS TO THE CONGRESSIONAL BUDGET ACT OF 1974.

    (a) In General.--Title III of the Congressional Budget Act of 1974 
is amended by adding at the end the following:

    ``prohibition on the consideration of retroactive tax increases

    ``Sec. 314. (a) In General.--It shall not be in order in the House 
of Representatives or the Senate to consider any bill, joint 
resolution, amendment, motion, or conference report, that increases a 
tax and applies such increase to taxable years beginning before the 
date of the enactment of the law.
    ``(b) Increases a tax.--The term `increases a tax' shall include a 
change in any rate of tax, deduction, exemption, credit, exclusion, or 
similar change to the Internal Revenue Code of 1986 that will result in 
an obligation to pay a larger tax.''.
    (b) Supermajority Point of Order.--Subsections (c) and (d) of 
section 904 of the Congressional Budget Act of 1974 are amended by 
inserting ``314,'' after ``313,''.
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